Read More

Plans for transport improvements, including road, port and rail improvements have been set out.

Ideas for the site include test tracks for driverless cars, research and development labs and large-scale manufacturing.

Industrial giant Ineos, which is looking for a site on the UK east coast for a major car production plant, has been seen as a potential tenant.

The 170-page report also contains a suggestion that the now-silent blast furnace could be lit up and turned into a visitor attraction.

Delivering the plan in front of more than 250 regional business and political leaders, and members of the public in Redcar, Mr Houchen repeated his claim that the site is the “single greatest development opportunity in the UK right now”.